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Re:Wells Fargo to pay $3.7B settling charges it wrongfully s... by dpkirchner on Tuesday December 20, 2022 @08:29PM (#34075541)
Do you have a sense of how many properties are owned by folks from other countries, as a percentage of the total housing stock? The national association of realtors[0] put out a press release saying their purchases accounted for about 1.6% from April 2021 through March 2022, however it's not clear from their figures whether that is all existing homes or a mix of new and existing. If that is right that doesn't seem too bad, at least for a year. Dunno what the total ownership stats say.

0: https://www.nar.realtor/newsroom/annual-foreign-investment-i...

Re:Wells Fargo to pay $3.7B settling charges it wrongfully s... by christkv on Wednesday December 21, 2022 @01:22AM (#34077341)
I bet that 1.6 are mostly in high cost areas like the coasts pushing up prices.